Illinois General Assembly - Bill Status for HB4887
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 Bill Status of HB4887  93rd General Assembly


Short Description:  INC TAX-INVESTMENT CREDIT

House Sponsors
Rep. Bob Biggins - Ed Sullivan, Jr., Jack D. Franks and Randall M. Hultgren

Senate Sponsors
(Sen. Denny Jacobs - Chris Lauzen)

Last Action
DateChamber Action
  8/6/2004HousePublic Act . . . . . . . . . 93-0871

Statutes Amended In Order of Appearance
35 ILCS 5/201from Ch. 120, par. 2-201


Synopsis As Introduced
Amends the Illinois Income Tax Act. Provides that, with respect to the investment credit, the basis of qualified property shall not include costs incurred after December 31, 2008 (now, 2003), except for costs incurred pursuant to a binding contract entered into on or before December 31, 2008 (now, 2003). Effective immediately.

Actions 
DateChamber Action
  2/4/2004HouseFiled with the Clerk by Rep. Bob Biggins
  2/4/2004HouseChief Co-Sponsor Rep. Ed Sullivan, Jr.
  2/4/2004HouseFirst Reading
  2/4/2004HouseReferred to Rules Committee
  2/18/2004HouseAssigned to Revenue Committee
  3/4/2004HouseDo Pass / Short Debate Revenue Committee; 009-000-000
  3/4/2004HousePlaced on Calendar 2nd Reading - Short Debate
  3/24/2004HouseSecond Reading - Short Debate
  3/24/2004HousePlaced on Calendar Order of 3rd Reading - Short Debate
  3/25/2004HouseAdded Co-Sponsor Rep. Jack D. Franks
  3/25/2004HouseAdded Co-Sponsor Rep. Randall M. Hultgren
  3/25/2004HouseThird Reading - Short Debate - Passed 097-013-002
  3/25/2004SenateArrive in Senate
  3/25/2004SenatePlaced on Calendar Order of First Reading March 26, 2004
  3/31/2004SenateChief Senate Sponsor Sen. Denny Jacobs
  3/31/2004SenateFirst Reading
  3/31/2004SenateReferred to Rules
  4/15/2004SenateAssigned to Revenue
  4/22/2004SenateDo Pass Revenue; 008-001-000
  4/22/2004SenatePlaced on Calendar Order of 2nd Reading April 27, 2004
  4/28/2004SenateSecond Reading
  4/28/2004SenatePlaced on Calendar Order of 3rd Reading April 29, 2004
  4/28/2004SenateAdded as Alternate Chief Co-Sponsor Sen. Chris Lauzen
  5/11/2004SenateThird Reading - Passed; 056-000-000
  5/11/2004HousePassed Both Houses
  6/9/2004HouseSent to the Governor
  8/6/2004HouseGovernor Approved
  8/6/2004HouseEffective Date August 6, 2004
  8/6/2004HousePublic Act . . . . . . . . . 93-0871

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